In the dynamic business environment of a bustling metropolis like Delhi, numerous businesses are known as flagship or premium brands in their respective industries. If you are looking to start a new venture that can compete with the industry giants, or expand your business through a new wing, you may be considering registering your business or setting up a company in India. People prefer to go for private limited company registration since it involves various benefits to the entities.
Online Company Registration in India whether Public or Private Limited Company registrationfor your business is important because even if your business doesn’t function in brick and mortar and you just have your prominent online face, selling a defective product or making an error can make you personally liable because of your sole ownership or partnership. The Fees for incorporation of company is also very reasonable. Running a business like this can be risky as this can mean that your personal assets are also on the line. But if you are registered, debts that attach to the company, it will not attach to you.The Company formation procedure is quite easy and smooth.
2. You can raise significant capital.
Adequate funding in formation of company is the backbone of a business. If you are registered as a full-fledged company, then your ability to raise money and attract investors will be much easier. Registration gives you the liberty to incur debt and to borrow but more importantly raise equity capital and sell shares.
3. You can prevent conflict with your co-founders
One thing that no one can deny from is that for setting up business in India,registering a company helps enormously if any conflict arises with your co-founder. While registering the company the subject of shares for each owner and the controlled powers are also clearly distinguished which helps the owners to have a clear understanding of their investment and assures that in case of any disputes share allocation determines the most-decision making power.
4. You can minimize your tax liability.
If you opt for Company registration in Delhi, then you are more likely to pay less tax under a company structure which will depend on how much revenue your business brings in. Also, your company can exercise the benefit of being entitled to a range of tax deductions for advertising, repairs and maintenance and education.
5. Brand awareness and legitimacy come in hand.
For every business to be as expansive as it can be, having a company structure is necessary. When you decide to go for new company formation in Delhi, you choose to enhance the reputation and perception of your business as the customers and clients will know that you are answerable to the regulatory body. In this way, becoming registered can pave the way for future dealings with third parties as well.
Reasons to invest your trust in us.
SAAAR Wealth Advisors, based at Janakpuri, New Delhi is known as the pioneer of transforming dreams into reality with the label of success and authenticity.The firm is known for the best company registration in West Delhi.We are capable of handling all legal and Company Law Compliance like company formation in India, register a new company in India, business setup services in India, etc. We can solve all your doubts regarding how to register a company, how to register a company in India, how to register new company, how to register new company in India, how to set up business in India, etc. We are with you all through the journey of setting up your business as a company or LLP. From the stage of getting your company name registered to prepare MOA and AOA, allotment of DIN, getting incorporation certificate, mobilizing banking and financial resources to the beginning of actual operations, and till holding AGM and filing an annual return to the registrar of company.For the company registration procedure in India, it is recommended to hire a professional who can guide well on such matters. We stick with you and guide you in the overall working of your company and through the process of Online Company Registration in Delhi and India. The firm offers its clients the best company formation services with a full range of other services as well including tax consultancy, business advisory, risk advisory, cost management and accounts payable services.
Our services include:
- Formation of Company in India.
- LLP Registration in Delhi and India.
- E-Filling of Documents with MCA.
- Compliance under Companies Act, 2013.
- Formation of Section 25/Section 8 Companies (Non-Profit Making Organisation).
- Compliance related to charge-management.
- Director Identification Number (DIN) related services.
- Maintenance of Statutory Records prescribed under Companies Act, 2013.
- Preparation of notice, resolutions, minutes related to the board meeting, general meeting etc
- Winding-up and Liquidation of Companies and LLPs.
- Filling of Annual Returns of companies and LLPs.
- Compliance related to the Auditor appointment.
Frequently Asked Questions
- How much paid-up share capital is needed to start a company?
The requirement related to minimum paid-up capital requirement to start a company has been omitted. Hence, there is no requirement of minimum paid-up share capital to incorporate a company. One can start a company with any minimum amount.
- How many shareholders are required to start a company?
To start a company, the minimum number of members required are as follows:
* Public Company- 7
* Private company-2
* One-person company-1
- What is the minimum number of directors needed to incorporate a company?
Every public company shall have at least 3 directors to meet the statutory requirements. Whereas in the case of a private company, only two directors are required, and an OPC requires only 1 director.
* Step 1: Apply for the DSCs of all the directors
* Step 2: Obtain DINs of all the directors (can also be obtained through SPICE form at the time of filing the SPICE e-form)
* Step 3: Reserve a name under the RUN or SPICE form
* Step 4: Fill and submit all the forms linked to the SPICE+ form
- What are the steps to incorporate a company on the MCA portal?
Yes, the MCA has introduced an e-Form SPICE+ to incorporate a company that also offers the services like-
- PAN registration
- TAN Registration
- GSTIN Registration
- Allotment of DIN
- Issue of EPFO, ESIC Registration
- Issue of Shops and establishment registration number.
- Is it possible to apply for the company’s PAN, TAN, GSTIN, etc., at the time of filing its incorporation forms?
Yes, the MCA has introduced an e-Form SPICE+ to incorporate a company that also offers the services like-
- PAN registration
- TAN Registration
- GSTIN Registration
- Allotment of DIN
- Issue of EPFO, ESIC Registration
- Issue of Shops and establishment registration number.
- How many names can be applied for through Form SPICE?
If a company wishes to apply for a name and complete the process of incorporation simultaneously, then only one name can be applied for. It can apply for two names if the forms are filed later and not at the time of applying for the name.
